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What are owner-operator opportunities?

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Quick Answer

An example of an owner-operator opportunity is truck drivers who own and operate their own trucking companies by either leasing to a carrier or operating on their own. Independent companies have their own Department of Transportation and Motor Carrier numbers.

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Full Answer

Approximately 350,000 people in the United States are registered trucking owner-operators, as of 2015. Most lease to a larger carrier and drive 101,000 miles. Their average annual net income is $50,000, and they spend $14,000 on repairs each year, primarily on tire and engine malfunctions. Peterbuilt and Freightliner are the most commonly owned trucks, and flatbeds and dry vans are the most commonly owned trailers.

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